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the force for good if used properly for the first time? to pick a name out of the hat, citibank has problems. would regulators perhaps use the orderly liquidation authority to wind down city and sent a message to a market that actually there will be consequences for failure and would that be effective at changing the tone? another question is peter and tim geithner agree can't be systemic until circumstances are heard until it is systemic. to indict her's responses let regulators do what we want when we are in that situation. we will figure out the right thing. trust us. what is peter's solution? what would he do during the crisis? what actions by the government are appropriate during the crisis. i look forward to discussion of these issues and congratulate you on your book. [applause] >> wayne abernathy. >> it is an honor to be with you particularly to comment on peter's book. in the mid 1916s milton friedman and anna schwartz set out to do a difficult thing. a herculean task to challenge the prevailing narrative of what caused the great depression. in so doing they friend the underlying ra
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